Category Archives: Blog post

Toxic Money Webinar 7.28.22: Using Financial Regulation to Fight for Racial, Housing, and Climate Justice

On this webinar, We learned about how the Community Reinvestment Act can be used as a tool to build community solutions, especially as accountability to deal with the legacy of racial and economic harm done to communities via redlining and discrimination. The CRA could fund climate reparations to communities, as well as fund workforce development.  […]

Blog: What Biden should have talked about last week with Fed Chair Powell

What Biden should have talked about last week with Fed Chair Powell This blog is reposted and originally appeared on 350.org.  by Jason Kirkpatrick With inflation and gas prices topping the agenda in the USA recently, one could be surprised by what topics were left out of the recent meeting between President Biden, Treasury Secretary Janet Yellen and Federal Reserve Chair […]

Shareholder Season 2022 Wrap Up

This shareholder season, STMP launched the Wall Street’s Moment of Truth – People or Fossil Fuels campaign to push investors to support climate action at banks and insurance companies. Shareholder, or “AGM” (annual general meeting) season is a period roughly between April and June when publicly-traded companies hold their annual shareholder meetings. At these meetings, […]

Toxic Money Webinar 5.12.22: Protecting Your Savings, Our Communities, and the Planet

On this webinar, we learned about why we need transparency from companies around their contributions to the climate crisis and how they’re fueling harm in BIPOC communities. Many of us are told that being financially responsible means investing in stocks and bonds and saving for retirement. But if the world goes up in flames, our […]

The threat to Your Savings, Our Communities, and the Planet

Did you know that climate change poses a hidden threat to your investments, 401(k) accounts, and pensions?  We’re all told that being financially responsible means investing in stocks and bonds, and saving for retirement. Here at Stop the Money Pipeline we also consider saving the planet to be saving for our futures. Unfortunately, if the […]

It’s time to take on Wall Street’s evil twin, Private Equity!

Have you heard about Wall Street’s evil twin?  It’s the private equity (PE) industry and it’s dripping in fossil fuels.  As financial institutions and other Wall Street actors face growing pressure to cut emissions, many are selling fossil fuel assets—and PE firms have repeatedly stepped up as buyers.  Private equity firms and the billionaires and […]

A Review of New Bank Climate Commitments ahead of UN Climate Change Conference

With less than two weeks until the start of the Glasgow Climate Talks, Stop the Money Pipeline is preparing to turn up the heat on banks during the youth-led October 29th Fossil Free Future day of action. Though the banks will never admit it, years of pressure has pushed a number of major Canadian and […]

Expectations for President Biden’s Climate-Related Financial Risk Strategy

Today, dozens of organizations with Stop the Money Pipeline Coalition and aligned partners sent this letter to the Biden Administration, outlining our expectations for Section 2 of the Executive Order on Climate-Related Financial Risk published in May 2021. The climate-finance executive order from the administration is quite broad and could have big implications for a wide […]